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was Steve

10/14/05 8:10 PM

#31651 RE: Burk #31650

i have tried to help many people over the years. its generally a waste of time in my experience.

i welcome bulls, bears, traders etc here. its always good to have a two sided exchange or else things can get too one sided and thats when folks get clobberred by mr market. (speaking from experience)

i think its great that you have the balls to shout from the top of the roof that you think we have bottomed. personally i think you are 2-4 weeks early before the real deal reversal and thats what makes a market. time and mr market will sort out the details in the coming weeks.

for monday i am 30% long down from 100% today. by my reckoning the indexes have used up half or more of the bounce and should finish up the rest next week if we continue up in the first half. if we retest the lows on tues then the bounce isnt likely to be completed until the middle of the following week.

welcome to the thread should you decide to stick around
steve